lipped from: https://www.business-standard.com/article/companies/asian-paints-profit-down-18-in-q3-as-higher-input-costs-hurt-margins-122012001732_1.html The cost of raw material consumed in the quarter was up 41.4 per cent at Rs 4,084.5 crore compared to last year Asian
Category: Company Specific News
NCLAT issues stay order on insolvency proceedings against HCL Tech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclat-issues-stay-order-on-insolvency-proceedings-against-hcl-tech-122011901494_1.html Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on
Paytm’s missing link | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/paytm-s-missing-link-122012000009_1.html Macquarie Capital has also expressed its concerns on the consistent reduction in the ticket size of Paytm’s loans Even his staunchest critics can’t
Buy back shares, offer good premium, repeat. Can TCS give investors risk-free return this time, too? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/buy-back-shares-offer-good-premium-repeat-can-tcs-give-investors-risk-free-return-this-time-too/primearticleshow/88979536.cms SynopsisThis is the fourth share buyback by TCS in five years. The latest one is the largest at INR18,000 crore. When the company
Delhivery gets Sebi nod for Rs 7,460-crore IPO | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/companies/delhivery-gets-sebi-nod-for-rs-7460-crore-ipo-7730655/ The company had filed its draft prospectus in November 2021. The IPO consists of a fresh issue of shares worth Rs 5,000 crore
AGS Transact IPO analysis: Risk-averse investors may wait for clear growth trend in AGS – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/ags-transact-ipo-investors-may-wait-for-a-clear-growth-trend-in-financials/articleshow/88951324.cms SynopsisThe company operates in a rapidly growing banking and finance sector. However, its revenue has been more or less flat in the past
Radiant Cash Management Services, Veranda Learning Solutions get Sebi nod to float IPOs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/radiant-cash-management-services-veranda-learning-solutions-get-sebi-nod-to-float-ipos/articleshow/88968312.cmsSynopsis Going by the draft papers, Radiant Cash Management Services’ IPO comprises fresh issue of shares worth up to Rs 60 crore and an
Caution advised: ICICI Bank, TCS, L&T among 8 overbought stocks in Nifty 50 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/caution-advised-icici-bank-tcs-l-t-among-8-overbought-stocks-in-nifty-50-122011700449_1.html There are other stocks which may show breakout structure, but still possesses the risk of high volatility and momentum, that may shift in
TCS hits all-time high, up 2%; market cap nears Rs 15-trillion mark | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tcs-hits-all-time-high-up-2-market-cap-nears-rs-15-trillion-mark-122011700335_1.html The current market cap of TCS stood around Rs 14.93 trillion on the BSE, as of 10:56 am, the exchange data showed. Shares
Buyback offer: Should you accept the TCS buyback offer? – The Financial Express
Clipped from: https://www.financialexpress.com/money/buyback-offer-should-you-accept-the-tcs-buyback-offer/2406939/ Retail investors with a long-term positive view on TCS and its financials should ideally hold the stocks and not tender them now The
LIC IPO triggers a frenzy for renting of demat accounts – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/lic-ipo-to-spun-a-frenzy-for-renting-of-demat-ac/article64889040.ece Brokers are keen on tapping the policyholders as the insurance behemoth offers them 10% discount in retail category The mega initial public offering
Policybazaar acquires majority stake in Visit Health app – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/policybazaar-acquires-majority-stake-in-visit-health-app-319190-2022-01-15 Policybazaar said in a regulatory filing on Friday that it acquired a 98.4% stake in Docprime Technologies on Friday (January 14), which would
Lenders look to sell Future Retail’s small stores to recover over Rs 3k-crore dues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/lenders-look-to-sell-future-retails-small-stores-to-recover-over-rs-3k-crore-dues/articleshow/88908351.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Banks led by the State Bank of India may soon invite expressions of interest for the small format chains – Easyday in Northern
RIL, M&M bid for incentives under govt’s Rs 18k-cr battery scheme: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-m-m-bid-for-incentives-under-india-s-2-4-bn-battery-scheme-report-122011401151_1.html India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic
TCS promoters Tata Sons, TICL to sell Rs 12,993 cr of shares in buyback | Business Standard News
lipped from: https://www.business-standard.com/article/pti-stories/tata-sons-ticl-to-participate-in-tcs-mega-buyback-offer-to-sell-shares-worth-rs-12-993-cr-122011400687_1.html At Rs 4,500 apiece, the two entities stand to rake in about Rs 12,993.2 cr Tata Consultancy Services promoters – Tata Sons and Tata Investment
IPO-bound Snapdeal ties up with BOB Financial to launch Rupay Credit Card – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/ipo-bound-snapdeal-ties-up-with-bob-financial-to-launch-rupay-credit-card/article64822557.ece Move to deepen connect with users in Bharat IPO-bound Snapdeal, a value commerce platform, has joined hands with BOB Financial and NPCI to
Explained: Why is Paytm falling on the bourses? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-paytm-falling-bourses-7716345/ The shares came under pressure following news that HDFC Mutual fund, one of the four mutual funds that were anchor investors in its
Supertech case: ‘Return money to homebuyers by Jan 17,’ says SC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supertech-case-return-money-to-homebuyers-by-jan-17-says-sc-122011200929_1.html The top court further asked Noida Authority to finalise the name of the agency that would be given the task to demolish the
VIL’s equity plan gives some breathing space but woes far from over | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/vodafone-idea-s-woes-far-from-over-till-significant-rise-in-arpu-is-seen-122011201487_1.html Significant rise in ARPU needed to ease debt worries Vodafone Idea’s (VIL) decision to convert government dues into equity and issue shares worth
tcs share buyback: TCS announces its biggest share buyback in at least five years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/tcs-announces-its-biggest-share-buyback-in-at-least-five-years/articleshow/88858268.cmsSynopsis The board of Tata Consultancy Services (TCS) has recommended a Rs 18,000-crore share buyback—the fourth and biggest such exercise by India’s largest IT
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